Salman Ali Shaikh
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| Salman Ali Shaikh | |
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| Born | 23 September 1952 |
| Nationality | Pakistani |
| Occupation | Chairman, Securities and Exchange Commission of Pakistan |
Salman Ali Shaikh (born 23 September 1952) is a former Chairman of the Securities and Exchange Commission of Pakistan (SECP). Prior to being appointed as SECP Chairman on April 13, 2009, Mr. Shaikh served as the acting Chairman and Commissioner of the SECP's Specialised Companies Division. He has since been replaced by Muhammad Ali, who took charge on December 24, 2010.
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[edit] Early life
Salman Ali Shaikh was born on September 23, 1952, the only child of Wazir Ali Shaikh, a senior civil servant (who served as the Chairman of the Capital Development Authority and Federal Secretary for industry, fuel, power and natural resources), and Iffat Ara, daughter of Mian Muhammad Sharif of the Mian family, Bhagbanpura.
After obtaining a B.A. at the Government College Lahore, he acquired a B.Sc. (Honours) from the London School of Economics in History and Economics.
[edit] Career
Shaikh's career has been mainly in banking and finance.
He has worked as a senior emerging markets banker with expertise in large-scale debt recovery/remedial banking, financial sector restructuring, and regulatory/legal reforms. His expertise also includes senior management, corporate rehabilitation/restructuring and capacity building/target market cluster selection in the SME sector.[1] He is regarded as one of Pakistan's leading authorities on corporate distress and remedial banking.[2]
In his capacity as SECP Chairman, Shaikh served on various focus groups and task forces with the Government of Pakistan, other regulatory agencies (State Bank of Pakistan, Federal Board of Revenue and the Competition Commission), and internationally (Asia Pacific Real Estate Association[3] and the International Organisation of Pensions Supervisors). He is also the head of a committee constituted by the Government of Pakistan to review and finalise the draft Corporate Rehabilitation Act (CRA).[1]
[edit] Private life
Shaikh is married to Humaira Mumtaz of the Fazal Din Group family. They have three children; Nabiha Meher, Kamil Kamran and Abeera Amal.
[edit] References
- ^ a b Corporate Rehabilitation Act (CRA) – Background, Concepts and Legal Architecture Powerpoint presentation by Salman Ali Shaikh, secp.gov.pk
- ^ Insolvency Systems and Risk Management in Asia Salman Ali Shaikh, Forum on Asian Insolvency Reform, 2004
- ^ REITs Powerpoint presentation, secp.gov.pk
